
1759 Pala Lake Drive
Btop 30%Fallbrook, CA 92028
HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.
Pass at asking: -$2,218/mo full cashflow at 20% down, 7.36% rate.
Works at $224,715 (56% under asking), or at 83% down.
Rent $3,014/mo from 4 leases of condos & townhomes in 92028, size-adjusted ($3,098–$3,394).
Beds
2
Baths
2
Sqft
1,426
Year Built
1979
Days on Market
45
Property Type
Condo
HOA/mo
$603
MLS ID
NDP2609022
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Price Improvement Enjoy comfortable single-story living in this Augusta model, ideally situated in a desirable end-unit location with dedicated parking for several vehicles. A greenbelt extends alongside and behind the home, offering added privacy and a pleasant backdrop of greenery. An abundance of natural light fills the open floor plan, creating a bright, welcoming atmosphere. The layout provides an easy flow between living spaces, making the home inviting for everyday living and entertaining. A beautiful stone-faced fireplace adds warmth and character, while laminate and tile flooring complement the interior. The kitchen features granite countertops, and a new convection range. The spacious primary bedroom provides a comfortable retreat with an oversized walk-in closet offering generous room for clothing and storage. Step outside to the covered, tiled rear patio, where you can enjoy morning coffee, unwind at the end of the day, or gather with friends. The adjoining garden area offers space to add your favorite plants and create your own outdoor retreat. Together, the patio and greenbelt setting extend the enjoyment of this well-positioned home. Plus you will the 18 hole, par 72 public golf course catering to golfers of every skill level. The clubhouse includes a fully stocked golf shop, practice facilities and instruction and a lovely clubhouse and restaurant. Close enough to the I15 freeway for easy commute or take the 76 if you are heading to the coast. Buyer to verify all information, including square footage and HOA fees, prior to removal of contingencies. Property listing has virtual staging in some rooms.
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Est. Monthly Payment
$4,110
Location
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Zoned Schools
Elementary
Live Oak Elementary · grades K-6 · Fallbrook Union Elementary
Middle
James E. Potter Intermediate · grades 7-8 · Fallbrook Union Elementary
High
Fallbrook High · grades 9-12 · Fallbrook Union High
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,014
Comp Average
$3,047
4129 Cyprus Island Court
2bd / 2ba · 1,308 sqft · Condo
$469K
Est. $3,044/mo
310 Ivy Ln
2bd / 2ba · 1,281 sqft · Condo
$530K
Est. $3,028/mo
4123 Oak Island
2bd / 2ba · 1,308 sqft · Condo
$499K
Est. $3,003/mo
4115 Cyprus Island Court
2bd / 2ba · 1,308 sqft · Condo
$499K
Est. $3,044/mo
2542 Los Cerritos Lane
2bd / 2ba · 1,389 sqft · Condo
$530K
Est. $3,118/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
4 leases of condos & townhomes in 92028, size-adjusted · $3,098–$3,394
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,218/mo short at 20% down; 83% down or +$2,880/mo rent closes it.
- Break-even price
- $224,715
- Break-even rent
- $5,894/mo
- Cashflow at 35% down
- −$1,685/mo
- Down payment to break even
- 83%
- Rate to break even
- Not reachable
56% under asking
$2,880/mo above the estimate
$427,450 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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